Follow Us:

Scheme for Non-competitive Bidding Facility in Auction of State Development Loans

November 7, 2019 750 Views 0 comment Print

As part of the overall strategy of diversifying the investor base for SDLs, Reserve Bank of India has been taking various measures to encourage participation of retail investors in SDL market including introduction of non-competitive bidding in primary auctions.

Exposure Draft on Guidelines on Wellness and Preventive Features/Benefits

November 7, 2019 1077 Views 0 comment Print

In order to enhance the scope of services offered under wellness and preventive features/benefits of health insurance products, it is proposed to issue comprehensive guidelines on wellness and preventive features/benefits.

HC takes note of Huge Pendency at CESTAT Chandigarh due to non availability of Member Technical

November 7, 2019 1056 Views 0 comment Print

We request the learned President of CESTAT, Principal Bench, New Delhi to initiate some remedial measures by deputing a Member Technical for atleast two weeks during a month to hold Court at Chandigarh Bench so that the Divisional Bench, CESTAT, Chandigarh Bench can function for reducing the pendency.

ICAI clarifies on Effective Date of Validity of Peer Review Certificate

November 7, 2019 7608 Views 0 comment Print

The Peer Review Certificate will henceforth be effective from the date of submission of final clean report irrespective of date of Peer Review Board meeting in which it is approved.

Guideline for GST Practitioners eligible to appear in examination

November 7, 2019 7908 Views 4 comments Print

A. Guidelines for filling up application form: 1. All GST Practitioners who are eligible to appear in the examination are required to submit online application on the Examination registration portal. Link of the portal shall be provided on official websites of NACIN and CBIC.

SC orders IRP to complete CIRP concerning Jaypee Infratech within 90 days

November 6, 2019 1446 Views 0 comment Print

We direct the Interim Resolution Professional (IRP) to complete the Corporate Insolvency Resolution Process (CIRP) within 90 days from today. In the first 45 days, it will be open to the IRP to invite revised resolution plan only from Suraksha Realty and NBCC respectively, who were the final bidders and had submitted resolution plan on the earlier occasion and place the revised plan(s) before the Committee of Creditors (CoC), if so required, after negotiations and submit report to the adjudicating authority NCLT within such time.

Notification No. 59/2019-Customs (N.T./CAA/DRI), Dated: 06.11.2019

November 6, 2019 1098 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) Notification No. 59/2019-Customs (N.T./CAA/DRI) New Delhi, the 6th November, 2019 S.O. 4056(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), and […]

No question of profiteering if no GST was charged: NAA

November 6, 2019 1008 Views 2 comments Print

Respondent has not charged any GST from his buyers in case of both the supplies, one effected before the rate reduction and the other after that date. Since no GST was charged by the Respondent before and after the relevant date i.e. 01.01.2019, question of profiteering does not arise in this case.

HC allows transitional credit of EC / SHEC / KKC under GST

November 5, 2019 19926 Views 0 comment Print

Revenue has not made out any bar for the transitioning of EC, SHEC and KKC into the GST regime and the petitioner satisfies all conditions both under sub-section (1) and (8) of section 140. The embargo placed by Rule 3(7)(b) is long gone with the introduction of GST. Certainly the powers-that-be are conscious of these factors in drafting the new legislation and the specific provision in question i.e., Section 140.

Notification No. 93/2019-Income Tax, Dated: 05.11.2019

November 5, 2019 1239 Views 0 comment Print

Notification No. 93/2019-Income Tax, Dated: 05.11.2019 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 93/2019 New Delhi, the 5th November, 2019 (INCOME-TAX) S.O. 4003(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 120 read with section 295 of the Income-tax Act, 1961 (43 of 1961) the […]

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930